Closing Bell Overtime: Silicon Valley Bank Fallout, Sobering VC warning, Gaming out the Fed 3/10/23
Stocks fell hard in the wake of the collapse of Silicon Valley Bank, with broad losses across the board adding to sizable losses on the week. Bob Elliott from Unlimited discusses what happened at the bank and the ripple effects across assets. Y Combinator president Garry Tan explains why he sees this as an “extinction level event” for startups. Plus Bleakley’s Peter Boockvar on the one thing the Fed has “zero chance” of doing at its next meeting in light of this week’s events.
March 10, 2023
44 min
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503 of 2,295
March 10, 2023
Closing Bell Overtime: Silicon Valley Bank Fallout, Sobering VC warning, Gaming out the Fed 3/10/23
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44:26This episodeClosing Bell Overtime: Silicon Valley Bank Fallout, Sobering VC warning, Gaming out the Fed 3/10/23
Summary
Stocks fell hard in the wake of the collapse of Silicon Valley Bank, with broad losses across the board adding to sizable losses on the week. Bob Elliott from Unlimited discusses what happened at the bank and the ripple effects across assets. Y Combinator president Garry Tan explains why he sees this as an “extinction level event” for startups. Plus Bleakley’s Peter Boockvar on the one thing the Fed has “zero chance” of doing at its next meeting in light of this week’s events.
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